Frozen bank account

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Post by rasa » Mon Dec 31, 2018 4:25 pm
Frozen bank account before meeting with creditors has been scheduled for 2 january ! and they left us wit out money on 31 off december canot believe that


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Post by Foggy » Mon Dec 31, 2018 4:43 pm
They should not freeze your bank account in an IVA --- this has probably been done in error as it is common in bankruptcy and many bank staff (surprisingly) do not seem to know the difference ! Some banks will close the account, if they are a creditor and a couple will do so regardless (notably HSBC and First Direct).

Who are you banking with and are they a creditor ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

Lisa Thomas

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Post by Lisa Thomas » Wed Jan 02, 2019 9:48 am
Didn't your IP recommend you open a basic bank account with a different bank to prevent this?

Was it overdrawn?

Do you owe the same bank money for something else, like a loan or credit card?
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: ... Z5k9ZcC2MA 01752 786800
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